We have collated a list of 10 stocks, across sectors, that brokerages say can give healthy returns in a one-year timeframe. Take a look. Brokerage: ICICI Direct Bharti Airtel | Buy | LTP: Rs 455.50 | Target price: Rs 550 | Upside: 21% The recent tariff hike has been a shot in the arm for the telecom industry, which was operating at sub-optimal average revenue per user (ARPU) after the new player’s entry three years back. We highlight that Airtel has raised tariffs by nearly 15-47 percent across packs from December 2019. The hike in tariff is likely to translate into FY21E revenue and EBITDA upgrade of about 9 percent and 17 percent, respectively," said ICICI Direct. The brokerage expects the price hike to result in increasing the monthly ARPU to Rs 155 against the current levels of Rs 127. The company has also announced plans to raise about $3 billion through a mix of debt and equity, which, the brokerage believes, is to meet the AGR dues demand within the stipulate
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